




28 Chapel Street, Thorold, ON
L2V 2C6
Listed September 30, 2026
Property Tour
About this property
Welcome to 28 Chapel Street South in Thorold, a unique 3,200 sq. ft. triplex with panoramic Welland Canal views and multiple income opportunities. Over the past 5 years, the property has been updated including plumbing, electrical, windows, siding and improvements throughout all three units.The first main-floor unit takes full advantage of the canal setting, with panoramic views from the open-concept kitchen and living area and a front-row seat to watch the ships pass by. Currently operated as a successful short-term Airbnb, this unit has a transferable licence, all 5-star ratings and furnishings included. Run it as much or as little as you choose while benefiting from an established short-term rental. It also features a breakfast bar, large primary bedroom and fully renovated bathroom with towel warmer. Also on the main floor, the second unit has its own private driveway and offers two bedrooms, currently rented as a one-bedroom. Full of character with beautiful arched doorways and original charm.Through the front entrance, the third unit offers three bedrooms, large windows, a spacious living room and a well-laid-out living space.The full basement has been completely updated and offers easily accessible shared laundry, plenty of storage, plus an open 2-piece washroom and separate shower area.Live in one unit, rent another and continue operating the Airbnb, or add the entire property to your investment portfolio. Close to Niagara wine country, Niagara Falls, casinos, shopping, restaurants and major amenities. Outside, the deck has been redone and the fully operational bread oven has been beautifully restored, adding another unique feature to the outdoor space and canal setting.
Features
Property Details
Listing
Property
Location
Taxes & Financials
Cost of Ownership Calculator
What it could cost each month to own 28 Chapel Street — mortgage, property taxes, fees, insurance, utilities and upkeep. Change any number to match your situation.
Your mortgage
$165,980 · Minimum $57,990
Use the rate your lender or broker quotes you.
Monthly costs
From the listing (2025 tax bill).
Leave at $0 if there isn't one.
Typical for this kind of home.
Hydro, heating, water and sewer.
About 1% of the price a year, set aside.
One-time costs
A typical estimate — your lawyer will confirm.
Estimated monthly cost of ownership
$5,145/mo
About $61,740 a year
- $3,671
- $327
- Home insurance$125
- Utilities$330
- Maintenance & repairs$692
Cash needed to close
- Down payment (20%)
- $165,980
- Ontario land transfer tax
- $13,073
- Legal fees, title insurance & inspectionEstimate
- $2,500
- Total
- $181,553
Estimates only — not a mortgage approval, quote or tax advice. Payments assume a fixed rate compounded semi-annually; minimum down payments, mortgage insurance and land transfer tax follow current CMHC and Ontario rules. Insurance, utilities and upkeep are typical figures for the area. Your lender, lawyer and insurer will confirm your exact costs.
Location & Walkability
28 Chapel Street, Thorold, ON
Map data © GoogleOpen in Google Maps ↗
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Last Updated: September 30, 2026
Listing Office: BOLDT REALTY INC., BROKERAGE
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